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House prices have increased faster than average income in many countries over the last decade, raising concerns on the affordability of housing. We study the impact of transaction taxes on the real estate market and the effectiveness of tax subsidies to make housing more affordable. We show how...
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Understanding housing affordability is key to addressing the housing problem. This study evaluates housing affordability in the Philippines using conventional approaches. It compares Residual Income Method estimates with those from the 30 percent of income standard that is commonly used as a...
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Introduction -- Housing Reform and the Housing Market in Urban China -- Theoretical Background: Affordability and Its Measurement -- Housing Affordability in Urban China: National Study -- Housing Affordability in urban China: Regional Study -- Effects of Housing Policy on Affordability --...
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